By Shreyashi Sanyal and Ankika Biswas (Reuters) -European shares closed on Monday at a more than seven-week high as a…
Factbox-Corporate America leans on job cuts as recession fears mount
(Reuters) – Corporate America is cutting thousands of jobs to rein in costs amid tightening monetary policy and growing fears…
China’s Geely truck unit Farizon targets Europe with electric cargo van
By Norihiko Shirouzu BEIJING (Reuters) – China’s Farizon, a new-energy truck maker owned by automaker Geely, aims step up expansion…
Italy’s Eni to resume taking Venezuelan oil after 4-month pause
By Marianna Parraga HOUSTON (Reuters) – A unit of Italian oil company Eni has been assigned two 1-million-barrel cargoes of…
Falling demand exacerbates Russia’s car sales slump in October
MOSCOW (Reuters) -New car sales slumped 62.8% year-on-year in Russia in October, data showed on Monday, as falling consumer demand…
EU, US must address concerns over U.S. inflation act – German fin min
BERLIN (Reuters) – Germany wants dialogue with Washington rather than tit-for-tat measures to ease trade tensions triggered by the U.S…
Ryanair expects to emerge as Europe’s only major low-cost carrier
By Conor Humphries DUBLIN (Reuters) – Ryanair on Monday predicted it would eventually become Europe’s only major low-cost carrier, with…
UK faces 50 billion pound fiscal hole, government sources say
By Elizabeth Piper and David Milliken LONDON (Reuters) – British finance minister Jeremy Hunt will seek to fill a 50…
Continental: Some data stolen in August cyberattack
BERLIN (Reuters) – German tyre and automotive parts maker Continental said on Monday that a cyberattack it reported in August…
Ryanair hails ‘very strong’ recovery with record summer profit
By Conor Humphries DUBLIN (Reuters) – Ryanair on Monday posted its largest ever profit for its key summer season and…